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Redcliffe Partners and CMS Advise on EBRD and IFC's USD 435 Million Financing for Lifecell and Datagroup-Volia Merger

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Redcliffe Partners, working with Clifford Chance and George Yiangou, has advised the European Bank for Reconstruction and Development and the International Finance Corporation on the USD 435 million financing for the merger of Lifecell Group and the Datagroup-Volia Group (reported on by CEE Legal Matters on September 17, 2024). CMS, working with Chrysostomides, advised the borrowers.

Lifecell Group is a Ukrainian data transmission and mobile communication operator.

Datagroup-Volia Group is a Ukrainian telecommunications service provider.

The Redcliffe Partners team included Managing Partner Olexiy Soshenko, Partner Albert Sych, Of Counsel Natalia Pakhomovska, Counsels Olesia Mykhailenko and Denys Medvediev, Associates Sevastian Viktoruk, Kateryna Zheltova, Arthur Mukha, and Zakhar Kymberskyi, Junior Associates Artem Mykhailyk and Georgy Smirnov, and Paralegals Andriy Kostiuk, Olha Shcherbak, and Daryna Riashko.

The CMS team included Kyiv-based Partners Ihor Olekhov, Olga Shenk, Tetyana Dovgan, and Graham Conlon, Counsels Kateryna Chechulina and Louise Cakar, Senior Associates Vitalii Mainarovych, Inna Koval, and Mariana Saienko, and Associates Iryna Barlit, Ihor Pavliukov, Bohdan Ilchenko, and Oliver Colston-Weeks, Istanbul-based Managing Partner Alican Babalioglu, Senior Associate Aysegul Onol, and Associate Eylul Sakoglu, as well as further lawyers in the UK and France.